Operational Risk Management Intern (may August 2023)

Montreal, QC, Canada

Job Description


In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal\'s Top Employers in 2022. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

Internship program

As an intern, you will benefit from a 4 month program that aims to give you the tools to develop yourself and discover your potential through customized trainings, networking sessions and transversal projects.

More information about the program available on our website:

The position at a glance

The RISK function of BNP Paribas constitutes the Second Line of Defense of the Bank. It aims at independently reviewing, assessing, challenging and communicating on the level of risk generated by the various business lines and activities within the Group. Hence, RISK both protects and serves the bank by acting as a key contributor to its long-term development.

RISK Mission Statements:

  • To advise the Bank\xe2\x80\x99s Management on risk appetite definition
  • To contribute as an objective \xe2\x80\x9csecond pair of eyes\xe2\x80\x9d that risks taken on by the Bank align with its policies
  • To report and alert Bank Management of the status of risks to which the Bank is exposed
  • To contribute to the development and growth of the risk culture within the Group
RISK ORM Global Banking & Functions is part of RISK ORM CIB (Corporate & Institutional Banking), acting as the Second Line of Defense for the Global Banking Business Line (\xe2\x80\x9cGB-BL\xe2\x80\x9d), and for the Functions, in the Americas. The primary role of the team is to provide relevant RISK and CIB senior management (both for GB-BL and for the Functions) a comprehensive, transparent, exhaustive and consistent front to back view of Operational Risk across activities in the Americas.

The Canadian RISK platform was created in early 2020, the main mandate of the newly created RISK Shared-Service platform is to support and deliver high-quality services to the U.S. RISK teams.

The intern will be located within the RISK ORM Canadian Platform, which is providing second line of defense, Operational Risk Management services to internal activities across Americas, and will more specifically contribute to the Global Banking Business Line and to the Functions.

The intern will join a new and dynamic team, exposed to a vast range of different tasks and projects, as expected for a recently created platform.

In detail

The main areas of responsibility for the Intern are the following: * Assist in performing second-line-of-defense effective challenge activities and independent testing on:
  • The Operational Risk Management (ORM) framework,
  • Operational risks and control inputs.
  • Contribute to the performance of assessment, monitoring and effective challenge on:
  • Risk identification,
  • Risk assessment,
  • Risk mitigations and Key Risk Indicators (KRI).
  • Support the preparation of reporting views to Senior Management with regards to:
  • Internal Control Committees (ICC) for GB-BL and Functions,
  • Various projects and initiatives (Incident Management, Third Party Risk Management, Anti-Fraud, etc).
Qualifications

The strengths and skills that will help you succeed
  • Student completing their Bachelor\xe2\x80\x99s degree in the following fields: Commerce, Management, Finance or Economics with a graduation date of December 2023 or May 2024.
  • Office experience required ideally in the banking environment (but not necessary)
  • Experience working with cross functional and multi \xe2\x80\x93 cultural teams strongly preferred
  • Fluent in English
  • Proficiency in Microsoft Office (Excel, PowerPoint, Word)
Keen interest in following the evolving industry trends

What\xe2\x80\x99s in it for you

In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.

To find out more about our range of benefits,

What you need to know
  • We will review candidates as they apply, so don\xe2\x80\x99t wait to submit your application;
  • If you are selected to participate in the recruitment process, please inform Human Resources of any accommodations you may require. BNP Paribas will work with you to ensure that you are able to participate fully in the process;
  • You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas\xe2\x80\x99 office(s) is an essential function of this position;
  • Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. These will be clearly mentioned in the qualifications of the position;
  • All BNP Paribas employees in Canada must be adequately vaccinated against COVID-19 on the date of hire, unless exempt for a reason protected by the Canadian Human Rights Act.
Diversity, Equity and Inclusion (DE&I) at the heart of our commitments

At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.

BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).

To learn more about our DE&I commitments,

About us

BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 65 countries, with more than 190,000 employees, the bank holds key positions in several areas of banking and financial services.

BNP Paribas\xe2\x80\x99 mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.

Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.

With over 1,200 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

Our certifications and partnerships
  • Montreal Top Employer 2022
  • Women in Governance \xe2\x80\x93 Parity certified - Silver certification
  • CCDI Consulting Inc. (Canadian Center for Diversity and Inclusion)
  • Pride at Work Canada
  • Rainbow Accreditation issued by Canada\xe2\x80\x99s LGBT+ Chamber of Commerce (CGLCC)
  • ROSEPH \xe2\x80\x93 Grouping of specialized organizations for the employment of persons with disabilities
  • IndigenousWorks
Do you want to discover other BNP Paribas offers in Canada?

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** Only selected applications that meet the requirements of the role will be contacted **

BNP Paribas

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Job Detail

  • Job Id
    JD2113169
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Montreal, QC, Canada
  • Education
    Not mentioned